Source: The post is based on the article “India’s war on informal labour is turning out bad for workers” published in “Live mint” on 19th October 2023. Syllabus: GS3- Economy- Employment News: The article discusses India’s struggle to move its workforce from informal to formal jobs. Despite economic growth, many remain in precarious, informal positions.… Continue reading India’s war on informal labour is turning out bad for workers
Tag: Indian Economy
Our labour survey data is far from satisfactory
Source: The post is based on the article “Our labour survey data is far from satisfactory” published in “Live mint” on 19th October 2023. Syllabus: GS3- Economy- Employment News: The article discusses India’s recent labor report. While initial data shows low unemployment, deeper analysis reveals job distress, falling wages, and higher joblessness among educated people.… Continue reading Our labour survey data is far from satisfactory
A glimmer of hope for radio
Source: The post is based on the article “A glimmer of hope for radio” published in “Business standard” on 18th October 2023. Syllabus: GS3- Economy- infrastructure (Communication network) News: The article discusses the decline of radio in India due to heavy licensing fees and digital competition. However, recent recommendations from Trai, including allowing news on… Continue reading A glimmer of hope for radio
The world economy is slowing even as India’s provides hope
Source: The post is based on the article “The world economy is slowing even as India’s provides hope” published in “Live mint” on 18th October 2023. Syllabus: GS3- Economy- economic growth News: The IMF reports a global economic slowdown, but India is growing fast. India aims to be a developed nation by 2047, needing a… Continue reading The world economy is slowing even as India’s provides hope
The e-rupee is like wine: It’ll take time to mature
Source: The post is based on the article “The e-rupee is like wine: It’ll take time to mature” published in “Live mint” on 18th October 2023. Syllabus: GS3- Economy- currency News: The article discusses the slow adoption of India’s Central Bank Digital Currency (CBDC) compared to the popular Unified Payments Interface (UPI). UPI’s ease of… Continue reading The e-rupee is like wine: It’ll take time to mature
The materiality and morality of Net Zero should go hand in hand
Source: This post has been created based on the article “The materiality and morality of Net Zero should go hand in hand” published in LiveMint on 17th October 2023. UPSC Syllabus Topic: GS Paper 3 Indian Economy — Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. GS Paper 3… Continue reading The materiality and morality of Net Zero should go hand in hand
A new beginning- Freight corridors should improve logistics position
Source: The post is based on the article “A new beginning- Freight corridors should improve logistics position” published in “Business standard” on 17th October 2023. Syllabus: GS3- Economy- Infrastructure News: The article discusses the Eastern Dedicated Freight Corridor (EDFC) in India, which will speed up freight transport. Despite benefits, it faced delays, cost overruns, and… Continue reading A new beginning- Freight corridors should improve logistics position
The puzzles of defence economics
Source: This post is created based on the article ‘The puzzles of defence economics’, published in Business Standard on 16th October 2023. UPSC syllabus Topic: GS Paper 3, Issues associated with Industrial policies News: The article discusses the impact of recent conflicts, such as the Israeli action in Gaza and the war in Ukraine, on… Continue reading The puzzles of defence economics
The economic mosaic
Source: The post is based on the article “The economic mosaic” published in Business Standard on 14th October 2023. Syllabus: GS 3 – Indian Economy – Growth & Development Relevance: Findings of the RBI survey on key economic sector News: The RBI has recently conducted a survey of consumer and business opinions, offering insights beyond just… Continue reading The economic mosaic
Will bankers ever learn? – On proposed changes to Basel-III norms
Source: The post is based on the article “Will bankers ever learn?” published in Business Standard on 13th October 2023. Syllabus: GS 3 – Indian Economy – Money & Banking Relevance: About proposed changes to Basel-III norms. News: US regulators are proposing some changes to capital requirements under Basel-III norms. Contents1 What are the proposed changes?2… Continue reading Will bankers ever learn? – On proposed changes to Basel-III norms
